US STOCKS SNAPSHOT-US stock index futures jump as oil falls about 6%

By Reuters News

- US stock index futures extended gains on Monday, with crude oil prices tumbling close to 6% as talks between Iranian and Qatari officials on a deal to end the US-Israeli war on Iran raised hopes that Middle East supply disruptions could ease.

Contacts between Iran and the United States to end their eight-month war are continuing, Tehran's foreign ministry said on Monday. Brent crude futures dropped 5.9% to $106.76 a barrel after jumping more than 2% in the last session.

At 8:50 a.m. ET, Dow E-minis were up 307 points, or 0.59%, and S&P 500 E-minis were up 37 points, or 0.49%. Nasdaq 100 E-minis were up 245.75 points, or 0.86%.

Capital Com is an execution-only service provider. The present material must be regarded as marketing communication and should not be interpreted as investment research or investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page, then you do so entirely at your own risk